Volatile Gurgaon

Amidst the news of demolitions on the MG road and then the buildings being actually demolished; which I thought should have inserted a semi colon in the astonishing rise of property prices in Gurgaon; there came along a couple of news items in my mail which have given me a nice jolt.

Having subscribed to Google news alerts, I get on an average one mail per day which contain 2-3 links to news items which mention Gurgaon anywhere in the text. So ranging from new BPO setting up business, to the recent labor unrest to property news to cookery and bomb scare I get a lot of stuff. With close to 300 mails left unread, I usually skip these to read about other more interesting stuff.

So today I thought I will make some use of these alerts and decided to open up some links.

I reached this:

Gurgaon plot auction fetches record Rs 261.80 crore
Financial Express, India - 17 Feb 2006
GURGAON, FEBRUARY 17: Cashing in on the unprecedented boom in Gurgaon’s property market, Haryana Urban Development Authority (HUDA) raked in a staggering Rs ...

I mean… Oh come on!! Is there an end to this madness? Nobody talks below crores these days.

And I am on the lookout for a place of my own in 20 lakhs.